RESULTS PLUS

MILK SUPPLY

Warrnambool Cheese & Butter Factory Company Holdings Limited and/or its affiliates ("WCB" or "we") take pleasure in placing the present website (including all webpages therein, the "Site") at your disposal for your personal, non-commercial use. By using this Site or downloading its content, you indicate your consent to being bound by all the terms and conditions of use (the "Terms of Use") described below. We may change the Terms of Use at any time, at our sole discretion, by posting revisions to the Site, and your continued use of the Site indicates your agreement to the Terms of Use as they may be modified, changed or amended. Accordingly, we urge you to review the Terms of Use, and if you do not agree to the Terms of Use or any revisions thereto, please exit the Site immediately.

Permitted Use

You agree that you are only authorised to visit and view the Site for your own personal, lawful, non-commercial use. You may download pages from our Site for caching in a web browser and print pages from our Site for your own personal, lawful, and non-commercial use. Subject to these express permissions, you agree that you shall not reproduce, duplicate, download, sell, resell, publish, modify or otherwise distribute the material on the Site for any purpose without the express prior written consent of WCB. You agree not to interrupt or attempt to interrupt the operation of the Site. You must not: damage, disable, overburden, or impair the Site; use any unauthorised means to modify, reroute, or gain access to the Site or attempt to carry out these activities. You may not use any automated tool to mine the Site for information or to fill out any form on the Site.You also agree not to deep-link to the Site for any purpose, unless specifically authorised by us to do so.

Limited License

You are granted a limited, non-exclusive, revocable and non-transferable license to utilise, access and retain a copy of pages of the Site pursuant to the requirements and restrictions of these Terms of Use. WCB may change, suspend, or discontinue any aspect of the Site at any time. WCB may also, without notice or liability, impose limits on certain features and services or restrict your access to all or portions of the Site.

Violation of the Terms of Use

You understand and agree that in WCB’s sole discretion, and without prior notice, WCB may block your access to the Site, or exercise any other remedy available, if WCB believes that your use of the Site has violated or is inconsistent with these Terms of Use, or violates the rights of WCB, or any third party, or violates any applicable law, or you have otherwise engaged in any activity that we deem unlawful, offensive, abusive, harmful or malicious. You agree that monetary damages may not provide a sufficient remedy to WCB for violations of these Terms of Use and you consent to injunctive or other equitable relief for such violations.

Copyright Policy

We may, at any time and without notice to you, terminate the privileges of any user who uses the Site to unlawfully transmit copyrighted material without a license, express consent, valid defense, fair dealing exemption or fair use exemption to do so.

Representations By You

By visiting the Site, you represent, warrant and covenant that all materials of any kind submitted by you through the Site or for inclusion on the Site will not plagiarise, violate or infringe upon the rights of any third party including trade secret, copyright, moral right, trademark, trade dress, privacy, patent, or other personal or proprietary rights.

You also represent and warrant that: (i) you will not select or utilise a user name of another person with intent to impersonate that person; (ii) you will not select or utilise a user name to which another person has rights, if you do not have that person's authorisation to use such name; and (iii) you will not select or utilise a user name that WCB in its sole discretion deems offensive.

Applicable to U.S. Residents Only: By visiting the Site, you also represent, warrant and covenant that you are at least 13 years old, as the Site is not intended for children under 13. If you are under 13 years of age, then you are not authorised to use or view the Site.

Our Intellectual Property

This Site is owned and operated by WCB. This Site contains several trademarks, names, packaging designs, copyrights and other forms of intellectual property of great value to Saputo Inc. and/or its subsidiaries or other entities under its direct or indirect control (individually or collectively designated herein as "Saputo"), the ownership and use of which are the exclusive property of Saputo (the "Saputo Intellectual Property"). You acknowledge that all content and materials available on this Site, including the Saputo Intellectual Property (the "Site Content"), are protected by national and international copyrights, trademarks, service marks, patents, trade secrets, know-how or other proprietary rights and laws, all of which are owned by Saputo or our licensors.

Saputo or our licensors retain all rights to the Site Content. Unless otherwise expressly indicated, no one has permission to, in any form, sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit or create derivative works from (collectively, "Republish"), any Site Content. No Site Material or any material from any website owned, operated, licensed or controlled by Saputo may be Republished for any purpose without the express prior written consent of Saputo.

Systematic retrieval of data or other content from the Site to create or compile, directly or indirectly, a collection, compilation, database or directory without Saputo’s express written permission is prohibited.

You are not permitted to use the trademarks displayed on the Site without the prior written consent of Saputo or the third party that may own the trademarks.

Accuracy and Completeness

WCB endeavors to provide current and accurate information and material on this Site. However, errors, inaccuracies, misprints, omissions or other errors may occur and WCB reserves its right to correct same and to change or update information and material at any time without prior notice. To the extent permitted by law, WCB does not warrant that the information and material available on this Site is accurate, reliable, complete or current. The information and material available on this Site, including all stock price information, is for general information only and is not to be relied upon for any trading, business or financial purpose.

DISCLAIMER

YOUR USE OF THIS SITE AND SITE MATERIAL IS ENTIRELY AT YOUR OWN RISK.

WCB TAKES REASONABLE STEPS TO PROTECT INFORMATION FROM UNAUTHORISED ACCESS, COLLECTION, USE, DISCLOSURE, COPYING, MODIFICATION OR DISPOSAL IN A MANNER COMMENSURATE WITH ITS SENSITIVITY, VALUE AND CRITICALITY. YOU EXPRESSLY AGREE THAT ALL SITE CONTENT IS PROVIDED "AS IS" AND "AS AVAILABLE" FOR YOUR USE. THE SITE CONTENT IS PROVIDED WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, SUBJECT TO ANY WARRANTIES WHICH ARE INCAPABLE OF EXCLUSION, RESTRICTION OR MODIFICATION UNDER APPLICABLE LAW. NEITHER WCB OR ITS AFFILIATED COMPANIES, NOR OUR LICENSORS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES AND OTHER REPRESENTATIVES MAKE ANY WARRANTY THAT THE SITE WILL BE AVAILABLE AT ANY PARTICULAR TIME OR LOCATION; THAT THE SITE DOES NOT INCLUDE ANY DEFECTS OR ERRORS AND THAT ANY DEFECTS OR ERRORS WILL BE CORRECTED; THAT THE SITE CONTENT IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS; OR THAT YOU WILL ACHIEVE SUCCESSFUL RESULTS FROM FOLLOWING ANY INSTRUCTIONS, DIRECTIONS OR RECOMMENDATIONS ON THE SITE.

LIMITATION OF LIABILITY

SUBJECT TO ANY RESPONSIBILITIES IMPLIED BY LAW WHICH CANNOT BE EXCLUDED, WCB, OUR DIRECTORS, OFFICERS, EMPLOYEES, AGENTS OR REPRESENTATIVES, OUR LICENSORS, OR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING OR DELIVERING THIS SITE SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES THAT RESULT FROM THE USE OF, OR INABILITY TO USE, THE SITE OR FROM ANY ERRORS OR INFORMATION PROVIDED OR OMITTED ON THE SITE. THIS LIMITATION APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, EXTRA CONTRACTUAL OR ANY OTHER BASIS, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, OUR LIABILITY IN SUCH JURISDICTIONS SHALL BE LIMITED TO THE EXTENT PERMITTED BY LAW.

YOU AGREE THAT THE ABOVE LIMITATIONS OF LIABILITY TOGETHER WITH THE OTHER PROVISIONS IN THE TERMS OF USE THAT LIMIT LIABILITY ARE ESSENTIAL AND THAT WCB WOULD NOT BE WILLING TO GRANT YOU THE RIGHTS SET FORTH IN THE TERMS OF USE BUT FOR SUCH LIMITATIONS OF LIABILITY; YOU ARE AGREEING TO THESE LIMITATIONS OF LIABILITY TO INDUCE WCB TO GRANT YOU THE RIGHTS SET FORTH IN THE TERMS OF USE.

Indemnification

You agree to defend, indemnify, and hold harmless WCB and our employees, agents, representatives, officers and directors (each, an “Indemnitee”) from and against all liabilities, claims and expenses, including attorney's fees, that arise from your use or misuse of the Site or Site Content or your violation of the Terms of Use. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses. You are not permitted to settle, or consent to any entry of judgment in, any asserted claim or action that would entitle an Indemnitee to indemnification without WCB’s written consent.

Forward-Looking Statements

This Site and Site Content may contain or make reference to forward-looking statements within the meaning of securities laws. These statements are based, among other things, on our assumptions, expectations, estimates, objectives, plans and intentions as of a specific date regarding projected revenues and expenses, the economic, industry, competitive and regulatory environments in which we operate or which could affect our activities, our ability to attract and retain customers and consumers, as well as the availability and cost of milk and other raw materials and energy supplies, its operating costs and the pricing of its finished products on the various markets in which we carry on business. These forward-looking statements include, among others, statements with respect to WCB's short and medium term objectives, outlook, business projects and strategies to achieve those objectives, as well as statements with respect to WCB's beliefs, plans, objectives and expectations. The words "may", "should", "will", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective", "continue", "propose" or "target", or the negative of these terms or variations of them, the use of conditional or future tense or words and expressions of similar nature, are intended to identify forward-looking statements. By their nature, forward‑looking statements are subject to a number of inherent risks and uncertainties. Actual results could differ materially from the conclusion, forecast or projection stated in such forward-looking statements. As a result, we cannot guarantee that any forward-looking statements will materialize. Except as required under applicable securities legislation, we do not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by us or on our behalf, whether as a result of new information, future events or otherwise.

Investment Decisions

Neither the information nor the material contained in the pages of this Site constitutes an offer or solicitation of securities in any jurisdiction. This information and material is in no way intended to be interpreted, amended, modified or completed with the help of information otherwise available on this Site or through the medium of this Site. This information and material is regularly made available solely as a service, and is not an official version of documentary material published by WCB and/or its affiliates under the terms of applicable securities legislation.

Links to Other Websites

The Site contains links to sites operated by third parties throughout the Internet. WCB has no control over these sites or the content within them. Your linking to any sites from this Site is wholly at your own risk. Subject to any applicable law which cannot be excluded, WCB does not guarantee, represent or warrant that the content contained in any third party sites is accurate, legal and/or inoffensive. Subject to any applicable law which cannot be excluded, WCB is not responsible for and does not endorse or make any representation or warranty about materials, information, goods or services available through these sites, or any privacy or practices of such sites, including any representation that they will not contain viruses or otherwise impact your computer. By using the Site to search for or link to another site, you agree and covenant that you may not make any claim against Saputo for any damages or losses, whatsoever, resulting from your use of the Site to obtain search results or to link to another site.

Confidential or Exclusive Information

WCB appreciates your interest and invites you to forward your comments and suggestions on this Site and our products. On the other hand, WCB does not solicit and does not wish to receive any confidential or proprietary ideas, suggestions, materials or other information relating to developing, designing, redesigning, modifying, manufacturing or marketing our products or any new products.

WCB does not accept unsolicited ideas for new products, packaging, marketing, advertising, research, business operations and the like. If you send to WCB any information, including but not limited to feedback, data, questions, comments, suggestions, or the like, such information you send to us will be treated as non-confidential and non-proprietary and may be disseminated or used by us for any purpose, including, but not limited to, developing, creating, manufacturing or marketing products or services. Should you choose to submit an idea or information to WCB, you agree that such information or material becomes and remains the sole and exclusive property of WCB without further liability or compensation to you. All such submissions shall be deemed the property of WCB, and your submission of idea or information shall constitute an irrevocable assignment to WCB of all worldwide rights, title, and interests in all languages and in perpetuity in such idea or information to use and exploit all or any part of the idea or information provided by you at our sole discretion by any method now existing or later developed. By submitting information, you agree that WCB has an unlimited and irrevocable right to publish such information, to use it as part of our commercial operations, and to incorporate its concepts in WCB’s products without liability or compensation to you.

Jurisdictional Issues

Unless otherwise specified, the information and material on this Site is presented solely for the purpose of promoting WCB’s products. WCB makes no representation that information or material depicted on the Site is appropriate or available in all locations.

This agreement shall be governed by and construed in accordance with the laws of the State of Victoria and the Commonwealth of Australia. You expressly agree that the exclusive jurisdiction for any claim or action arising out of or relating to these Terms of Use or your use of the Site shall be filed only in the courts of Victoria and the Commonwealth of Australia, and you further agree and submit to the exercise of personal jurisdiction of such courts for the purpose of litigating any such claim or action.

You may not use any information or material from this Site in violation of any applicable laws or regulations.

Privacy Policy

By using this Site, you agree to be bound by WCB's Privacy Policy.

Miscellaneous

If any provision of these Terms of Use should prove to be unlawful, void, or for any reason unenforceable, that provision shall be deemed severable from this agreement and shall not affect the validity and enforceability of any remaining provisions. WCB's failure to insist upon or enforce strict performance of any provision of these Terms of Use shall not be construed as a waiver of any right on its part. These Terms of Use constitute the entire agreement between the parties relating to the subject matter herein, supersede all prior or contemporaneous communications and proposals between you and WCB with respect to the Site, and shall not be modified except in writing. Section titles in the Terms of Use are for convenience and do not define, limit, or extend any provision of the Terms of Use.

Effective Date; Modification of Terms of Use

These Terms of Use are effective as of August 25, 2017. WCB reserves the right to change these Terms of Use at any time by updating this posting, with the modified Terms of Use taking effect on the date of posting. Your continued use of the Site after such modifications will constitute your: (a) acknowledgment of the modified Terms of Use; and (b) agreement to abide and be bound by the modified Terms of Use.

Contact Us

If you have any questions about these Terms of Use or our practices related to this Site, you can contact us by e-mail at aus.wcbf@saputo.com. Please provide a sufficiently detailed question or description of your concern. If you have requested to be on a mailing list and you wish to cancel that request, you can communicate with WCB’s Communications Department by email at aus.wcbf@saputo.com, if it’s an e-mail mailing list, by clicking "unsubscribe" at the bottom of the e-mail.